349 Virginia ST Pending Save Request In-Person Tour Request Virtual Tour
El Segundo,CA 90245
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 6,640 sqft
Price per Sqft $556
MLS Listing ID SB24049689
Year Built 1978
Lot Size 7,156 Sqft
Property Description
Located on a beautiful, tree-lined street in an idyllic location, this 7-unit walk-up apartment building is surrounded by well maintained apartments, townhomes, condominiums and single family homes, and offers an amazing opportunity for investment in one of the most highly sought after suburbs in Los Angeles. Built in 1978 by the family that still owns it, and meticulously maintains it, this is the first time this building has been on the market. There is 6,640 square feet of living space on a 50 X 143 Street to alley lot with 9 private garages (garages have been earthquake retrofit) and an additional 4 tandem parking spaces. This location in El Segundo is ideal, because it’s far away from any detrimental factors yet in close proximity to the downtown restaurants, the beach, employment hubs and transportation. All of the units offer two bedrooms, and most offer more than one bath. All but one of the units have been substantially refurbished, and the building itself has been lovingly maintained, including lush landscaping that gives the courtyard a welcoming, homey feel. 5 of the units are flats, and two are townhome style. 6 of the 7 units have fireplaces! All units have individual hot water heaters. There is a spacious on-site laundry for the units to share, and the building has been recently painted, replumbed, reroofed, and has new windows. The rents are mostly balanced, but there is still some upside. The building is professionally managed by First Light Property Management, a trusted name in local management for over 15 years. This is a property that you will be proud to own.
Location
State CA
County Los Angeles
Area 141 - El Segundo
Zoning ESR3YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Forced Air
Cooling None
Fireplaces Type None
Laundry Common Area
Exterior
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Biking,Curbs,Dog Park,Park,Suburban,Sidewalks
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected
Building
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard